Author

Topic: justcoin closes (Read 2394 times)

rb2
newbie
Activity: 28
Merit: 0
November 10, 2014, 05:03:44 AM
#25
changed my password and could log in.
full member
Activity: 238
Merit: 250
November 07, 2014, 09:59:29 AM
#24
Though I withdrew all my currency long back, I used just ion only for trading stellar. Otherwise, I didn't bother using it
rb2
newbie
Activity: 28
Merit: 0
November 07, 2014, 08:27:17 AM
#23
I'm trying to withdraw my funds but I cannot even log in... .The 2FA doesn't accept my code....
Contacted their support address but no response.... Anyone having contacts with them?
hero member
Activity: 556
Merit: 500
October 31, 2014, 08:08:14 AM
#22
Quote
Without a bank account we have no business and need to shut down. This event demonstrates the need for decentralized payment networks.

fuck the banks!
mkc
hero member
Activity: 517
Merit: 501
October 30, 2014, 11:45:51 PM
#21
I had good experience with them. They are not bad. Web site looks clean and professional.
Too bad, they are closing. Another reason they are closing maybe someone stole a large amount of ripple from them.
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
October 30, 2014, 11:33:26 PM
#20
Who is the developer of this coin? Is it dooglus?
If I recall correctly ...

I think Doog just knew the dude who ran it because the dude who ran it used to run a BTC gaming place that had video poker or something.

I have the Justcoin dude on my Skype for some reason. Must have been from JD chat.
sr. member
Activity: 406
Merit: 250
October 30, 2014, 09:59:05 PM
#19
An orderly shut down is kind of a rare thing anymore. Kudos to them for handling it so openly and honestly. It is sad that this is usually the exception.
newbie
Activity: 20
Merit: 0
October 30, 2014, 08:33:44 PM
#18
never heard of it, hope everyone can withdraw it!
legendary
Activity: 1232
Merit: 1000
October 30, 2014, 08:25:22 PM
#17

Quote
Dear Justcoin user,

Deposits are closed. Trading will close tomorrow, October 29th. We urge all users to withdraw their funds as soon as possible. Final deadline for withdrawals is November 11th. You may find useful information on wallets at https://bitcoin.org/en/choose-your-wallet.

Please allow up to 24 hours for your withdrawals to process. We will manually batch withdrawals of all currencies. Cancelling a requested withdrawal will put you in the back of the line.

Justcoin is shutting down all operations. Our bank has notified us that it will no longer accept businesses dealing with digital currencies. The same goes for other Norwegian banks. Without a bank account we have no business and need to shut down. This event demonstrates the need for decentralized payment networks.

If you need help or have problems with the withdrawal process please contact [email protected]. We want to thank all our loyal customers for their support and wish you all the best.

Thank you,

Klaus & Andreas, founders.


What do they mean by final deadline? What happens after this?
legendary
Activity: 966
Merit: 1000
TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!
October 30, 2014, 03:23:45 PM
#16
it was a really good place to buy/sell bitcoins for nordic people but open for anyone
legendary
Activity: 2436
Merit: 1561
October 29, 2014, 08:45:22 AM
#15

Who is the developer of this coin? Is it dooglus?

Just another proof that bitcoin is the only coin which is going to last. Bitcoin rules.

Justcoin wasn't an altcoin, it was an exchange.

It's a good custom to briefly read the posts in the thread before replying.
sr. member
Activity: 406
Merit: 250
AltoCenter.com
October 29, 2014, 03:40:12 AM
#14
Just another proof that bitcoin is the only coin which is going to last. Bitcoin rules.
sr. member
Activity: 378
Merit: 250
October 29, 2014, 01:58:44 AM
#13
it happens because not give giveaway again stellar, and users justcoin mostly stellar hunter: D
sr. member
Activity: 434
Merit: 250
🤖UBEX.COM 🤖
October 29, 2014, 01:15:27 AM
#12
Surprised to hear about justcoin. I was registered last month or so and used it for a stellar transaction. I guess it wouldn't make much impact as it wasn't so popular within bitcoin people, may be for some ripple or stellar users.
newbie
Activity: 42
Merit: 0
October 29, 2014, 01:05:38 AM
#11
Who is the developer of this coin? Is it dooglus?
sr. member
Activity: 241
Merit: 250
October 28, 2014, 09:29:59 PM
#10
such a shame  Sad

hero member
Activity: 574
Merit: 500
October 28, 2014, 09:03:00 PM
#9
Ashamed to hear they have to close down due to the termination of cooperation by the bank.
legendary
Activity: 2436
Merit: 1561
October 28, 2014, 03:37:13 PM
#8
I'm not familiar with justcoin. But the bank thing sounds bit like an excuse. If the business was doing well, why not moving to a bitcoin-friendly country, such as UK, or simply use a foreign bank?


Apparently "Justcoin also suffered a Ripple hack earlier this month after a Ripple feature was improperly implemented by the exchange" (source below). Wonder had this anything to do with their decision to shut down...

Is there any other source to confirm the 'Norwegian banks ban cryptos' revelations?


Some coverage here:

https://www.cryptocoinsnews.com/norwegian-banks-say-bitcoin-businesses-justcoin-exchange-closes/
hero member
Activity: 686
Merit: 500
October 28, 2014, 01:28:33 PM
#7
Well that's sad , I may have not a big experience on digital currencies exchanges etc. but justcoin was a good website & I remember using it first time Stellar showed up to trade my stellar's to bitcoin  Cry
newbie
Activity: 56
Merit: 0
October 28, 2014, 12:58:42 PM
#6
i dont know of anyone that was using it. nevertheless, this sucks for those that apparently were.
hero member
Activity: 658
Merit: 500
October 28, 2014, 12:55:19 PM
#5
Never heard of justcoin, how was their volume? I don't really get why people would use sketchy exchanges rather than the big known ones.
sr. member
Activity: 476
Merit: 250
October 28, 2014, 12:41:50 PM
#4
Not exactly unexpected. But nonetheless sad for us loyal Justcoin users.
This won't be a major blow to BTC price though, since it was a small exchange in the grand scheme of things.

So, which exchange will be next? Anyone care to guess?
legendary
Activity: 1120
Merit: 1000
Free & Fast Neotox Escrow http://bit.ly/1OGVykp
October 28, 2014, 12:39:56 PM
#3
its bad to hear about this
hope they will allow all users to withdraw their fund and make it a fair shutdown

btw whats happening to crypto exchanges
MTgox -> cryptorush -> mintpal -> Justcoin
member
Activity: 70
Merit: 10
October 28, 2014, 12:36:41 PM
#2
From there e-mail to users:
Quote
Dear Justcoin user,

Deposits are closed. Trading will close tomorrow, October 29th. We urge all users to withdraw their funds as soon as possible. Final deadline for withdrawals is November 11th. You may find useful information on wallets at https://bitcoin.org/en/choose-your-wallet.

Please allow up to 24 hours for your withdrawals to process. We will manually batch withdrawals of all currencies. Cancelling a requested withdrawal will put you in the back of the line.

Justcoin is shutting down all operations. Our bank has notified us that it will no longer accept businesses dealing with digital currencies. The same goes for other Norwegian banks. Without a bank account we have no business and need to shut down. This event demonstrates the need for decentralized payment networks.

If you need help or have problems with the withdrawal process please contact [email protected]. We want to thank all our loyal customers for their support and wish you all the best.

Thank you,

Klaus & Andreas, founders.
sr. member
Activity: 392
Merit: 250
October 28, 2014, 12:32:38 PM
#1
justcoin closes forever
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